New Zealand to invest $20 billion in India over 15 years
Big news: New Zealand is set to invest $20 billion in India across the next 15 years, thanks to a new free trade agreement that's almost ready to be signed.
The focus? Boosting India's Make in India push by supporting manufacturing, infrastructure, services, and innovation—basically fueling jobs and fresh opportunities.
Why this matters
Commerce Minister Piyush Goyal highlighted that this deal is strictly about foreign direct investment (FDI), not stock market moves.
There's also a built-in "rebalancing" rule—if New Zealand doesn't follow through on its promises, some benefits can be paused.
Chief negotiator Petal Dhillon noted that investments can come in areas such as manufacturing and infrastructure.
This comes right after a similar $100 billion pledge from the European Free Trade Association, signaling major global interest in India's future.